Friday, May 6, 2011

Wells Fargo Boosts Excess Legal Costs to $1.7 Billion on Mortgage Probes - Bloomberg

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Reuters


Wells Fargo Boosts Excess Legal Costs to $1.7 Billion on Mortgage Probes

Bloomberg


(WFC), the nation's biggest home lender, raised its estimate of potential excess legal expenses by 42 percent to a maximum of $1.7 billion as the bank prepares for new costs tied to its mortgage practices. The revised estimate as of March 31 was ...


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